Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies
Using an agriculture-focused CGE model for Zimbabwe with 1991 as base period, this paper examines quantitatively the income and equity effects of trade liberalization in isolation and in conjunction with potentially complementary changes in fiscal and land policies. Trade policy reform alone (disman...
| Autores principales: | , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
1998
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/161214 |
| _version_ | 1855528571201650688 |
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| author | Bautista, Romeo M. Lofgren, Hans Thomas, Marcelle |
| author_browse | Bautista, Romeo M. Lofgren, Hans Thomas, Marcelle |
| author_facet | Bautista, Romeo M. Lofgren, Hans Thomas, Marcelle |
| author_sort | Bautista, Romeo M. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Using an agriculture-focused CGE model for Zimbabwe with 1991 as base period, this paper examines quantitatively the income and equity effects of trade liberalization in isolation and in conjunction with potentially complementary changes in fiscal and land policies. Trade policy reform alone (dismantling of import and foreign exchange controls, and reduction of import taxes to a low uniform rate) is shown to increase aggregate disposable household income significantly. However, the least income gain accrues to smallholder farm households, which account for about four-fifths of the poor in Zimbabwe, so the equity impact is unfavorable. Concurrent implementation with specific changes in government expenditure and tax policies and two alternative stylized land redistribution schemes yields differing outcomes in terms of aggregate household income growth and its distribution. |
| format | Artículo preliminar |
| id | CGSpace161214 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1998 |
| publishDateRange | 1998 |
| publishDateSort | 1998 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1612142025-11-06T06:33:52Z Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies Bautista, Romeo M. Lofgren, Hans Thomas, Marcelle trade liberalization econometrics economic policies income distribution fiscal policies Using an agriculture-focused CGE model for Zimbabwe with 1991 as base period, this paper examines quantitatively the income and equity effects of trade liberalization in isolation and in conjunction with potentially complementary changes in fiscal and land policies. Trade policy reform alone (dismantling of import and foreign exchange controls, and reduction of import taxes to a low uniform rate) is shown to increase aggregate disposable household income significantly. However, the least income gain accrues to smallholder farm households, which account for about four-fifths of the poor in Zimbabwe, so the equity impact is unfavorable. Concurrent implementation with specific changes in government expenditure and tax policies and two alternative stylized land redistribution schemes yields differing outcomes in terms of aggregate household income growth and its distribution. 1998 2024-11-21T09:54:12Z 2024-11-21T09:54:12Z Working Paper https://hdl.handle.net/10568/161214 en Open Access application/pdf International Food Policy Research Institute Bautista, Romeo M.; Lofgren, Hans; Thomas, Marcelle. 1998. Does trade liberalization enhance income growth and equity in Zimbabwe?;the role of complimentary policies. TMD Discussion Paper 32. https://hdl.handle.net/10568/161214 |
| spellingShingle | trade liberalization econometrics economic policies income distribution fiscal policies Bautista, Romeo M. Lofgren, Hans Thomas, Marcelle Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies |
| title | Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies |
| title_full | Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies |
| title_fullStr | Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies |
| title_full_unstemmed | Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies |
| title_short | Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies |
| title_sort | does trade liberalization enhance income growth and equity in zimbabwe the role of complimentary policies |
| topic | trade liberalization econometrics economic policies income distribution fiscal policies |
| url | https://hdl.handle.net/10568/161214 |
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